98 MAIN Street, Penetanguishene | Image 1

98 MAIN Street

Penetanguishene, Penetanguishene

  • Commercial

$750,000
For Sale

Added 5 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: DW

  • Age: No Data

  • Taxes: 4079.58

  • MLS®#: S10439625

  • Days on Site: 178 Days

  • Added: Jun 24, 2024 (5 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: Sotheby's International Realty Canada, Brokerage (Collingwood)

Location, Location, Location! Situated at the busiest intersection in the heart of downtown Penetanguishene, this prime commercial property boasts constant exposure to both vehicular and pedestrian traffic right at your door. The 1,300 sq/ft main floor commercial space offers soaring 11-foot ceilings and features a charming mix of hardwood floors, exposed brick, and drywall, providing a versatile aesthetic suitable for many business types. Also includes two washrooms, a spacious area perfect for additional commercial space or a staff lunchroom and at the rear, a third large room offers flexibility as either office or retail space. Zoned (DW) Downtown and Waterfront Commercial, this versatile zoning allows for numerous potential uses including, but not limited to, an Art Gallery, Child Care, Fitness Centre, Financial Institution, Library, Medical Clinic, Office Space, Restaurant, Retail Store, or Veterinary Clinic. Please refer to the zoning by-law. A large, high, and dry basement provides ample storage space or additional commercial area, for even more flexibility. A beautifully renovated, self-contained one-bedroom apartment sits above the commercial space, accessible via separate entrances from both the main street and the rear. This apartment can be isolated from or combined with the commercial area, depending on your needs. The open concept apartment features high ceilings, appliances, a separate room ideal for an office or storage, and a spacious bedroom with access to a covered porch with views of Georgian Bay. The modern 4-piece bathroom has ample storage and laundry facilities. The property has been fully updated with new electrical, plumbing, and fire safety systems, ensuring a safe and modern environment for any business. Penetanguishene is a bustling tourist town on the shores of Georgian Bay, offering a vibrant community with numerous restaurants and attractions. There's always something to do and see, ensuring a steady flow of locals and tourists alike.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: Penetanguishene

  • Community: Penetanguishene

  • Availability Date: Flexible

  • Assessment Amount: $211,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 1 S/S ROBERT ST PL 9 PENETANGUISHENE AS IN RO1419921; T/W

  • Taxes: $4,080

  • Expenses: Est

  • Hydro Expense: 2809

  • Heat Expenses: 2321

  • Tax Year: 5933

  • Water Fees: 802

Land

  • Cross Street: Highway 93 north to

  • Municipality District: Penetanguishene

  • Parcel Number: 584050367

  • Sewer: San+Storm

  • Lot Depth: 77 Feet

  • Lot Frontage: 23 Feet

  • Zoning: DW

Additional Media

  • Virtual Tour: https://my.matterport.com/show/?m=VKWT2JNjyzM&brand=0

Commercial Specific

  • Retail Area: 1317

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2670

  • Total Area Metric: Sq Ft

  • Hours Open: vacant

  • Office Size: 952

  • Office Size Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: N

  • Financial Statement: N

  • LLBO: N

See 3D Tour of 98 MAIN Street, Penetanguishene
3D Walkthrough
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